The sp has been pushed down for quite a while as a top 40 shareholder has constantly been selling supressing the stock and pushing it down.
With no news to the market buyers retreated and the sp continued its fall.
A check of the registry reveals the large seller is gone with the last being flicked out last week.
The company as previously mentioned in the last quarterly and shareholders update that they are working on four different transactions.
It appears that one or two of them are nearing completion
Just one transaction should see the sp back at 3c with a second firming it up more.
For some its been heck of a wait for others entering now hopefully it will be the stock of the year for them.
5 bagger coming up?
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